‘Flunking’: Audit of Secretary of State’s Office shows misstatements, lack of management

A new audit report by the Legislative Audit Division said ongoing accounting issues at Montana Secretary of State Christi ...
JD Supra

Center for Audit Quality comes to the rescue for audit committees tasked with AI oversight

Arize reports that the percentages that report AI risks varied significantly among industry sectors. For example, 91.7% of companies in the media and entertainment industry cited AI risks, followed by ...
Knoxville News Sentinel

Committee members push for a new direction for Knoxville's waste, fraud and abuse hotline

Knoxville's Audit Committee members want to access all complaints received by the hotline, not just ones the administration deems waste, fraud and abuse. This article was updated to add Debbie Helsley ...

City of Muscatine receives clean audit report

Muscatine has received a clean audit report for the fiscal year ending June 30, 2025. According to a release from the City of ...
JD Supra

PCAOB spotlight on auditor independence outlines considerations for audit committees

Lordstown Motors Corp., a manufacturer of electric vehicles focused on the commercial fleet market, settled SEC charges for “misleading investors about the sales prospects of Lordstown’s flagship ...
Accounting Today

PCAOB offers advice for audit committees on risks

The Public Company Accounting Oversight Board staff released a spotlight report Wednesday to provide food for thought for audit committee members about fraud risks, cybersecurity, digital assets, ...
Minnesota Daily

Minneapolis Audit Committee claims MPD did not follow audit guidelines

The Minneapolis Audit Committee said the Minneapolis Police Department is not following up on audit investigations or attending meetings about off-duty work and high-profile cases such as Davis Moturi ...